The export of phones and components increased by less than 1% year-on-year and is forecast to continue to face difficulties this year due to the impact of inflation in many countries around the world.
Investment management firm VinaCapital said it expects Vietnam’s economy and stock market to “normalise” this year after the COVID-19 pandemic.
Vietnam’s real estate sector last year attracted an additional US$1.85 billion in foreign direct investment (FDI), retaining its second place among industries drawing FDI with combined investment of US$4.45 billion, accounting for 16.1% of the total FDI poured into the country, according to the Ministry of Construction.
Prime Minister Pham Minh Chinh on February 2 asked the Government, ministries, agencies and localities to boost production and trade, deal with difficulties to be faced by businesses and people this month to achieve rapid and sustainable socio-economic development.
Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31.
VOV.VN - The Ministry of Industry and Trade has set a target of an average industrial value-added growth rate of over 8.5% per year, with the proportion of the manufacturing industry as part of GDP reaching about 30% by 2030.
VOV.VN - Foreign businesses continue to place their trust in Vietnam’s investment climate, pouring a large amount of capital into the country.
VOV.VN - Last year witnessed Binh Duong province attract more domestic investment than foreign direct investment (FDI), indicating a positive sign regarding the southern locality's investment environment.
VOV.VN - The impressive growth momentum recorded during the past year is expected to serve as a premise for the nation to go on and achieve its growth target of 6.5% in 2023, according to economic experts.
VOV.VN - Despite enduring the long-term impact of the COVID-19 pandemic, Vietnam still managed to attract a large amount of foreign direct investment (FDI) in 2022, with the outlook forecast to be optimistic moving into 2023.